The Kroger Co. (Public, NYSE:KR) is an American retail supermarket chain and parent company, founded by Bernard Henry Kroger in 1883 in Cincinnati, Ohio.
It is the United States' largest supermarket chain by revenue ($115.34 billion for fiscal year 2016),] the second-largest general retailer (behind Walmart) and the seventeenth largest company in the United States.Kroger is also the fifth-largest retailer in the world and the fourth largest American-owned private employer in the United States. Kroger is ranked #17 on the Fortune 500 rankings of the largest United States corporations by total revenue.
As of 25 May 2019, Kroger operates, either directly or through its subsidiaries, 2,760 supermarkets and multi-department stores. Kroger's headquarters are in downtown Cincinnati. It maintains markets in 35 states and the District of Columbia, with store formats that include hypermarkets, supermarkets, superstores, department stores, and 252 jewelry stores (782 convenience stores were sold to EG Group in 2018). Kroger-branded grocery stores are located in the Midwestern and Southern United States. Kroger operates 35 food processing or manufacturing facilities, 1,547 supermarket fuel centers, 2,266 pharmacies and 232 The Little Clinic in-store medical clinics.
In January 2014, The Kroger Co and Harris Teeter Supermarkets, Inc announced the completion of the merger transaction between the two companies. In February 2014, the Company purchased the assets of YOU Technology Brand Services, Inc.
Nov. 11, 2015 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Roundy's, Inc. (NYSE: RNDY) today announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Roundy's for $3.60 per share in cash.
Feb 2018 - Kroger Co (KR.N) will sell its nearly 800 convenience stores to British gas station operator EG Group for $2.15 billion, the U.S. supermarket chain said on Monday, as its sharpens focus on its mainstay grocery business amid a brutal price war.
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